lenderpanel

Find a Wokingham Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Wokingham? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Wokingham conveyancing at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Wokingham conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Wokingham

I have given 8 weeks notice to my existing landlord and have to be out of my rented flat in Wokingham by the end of next month. Conveyancing for my house purchase is progressing. Is it possible to complete in a couple of weeks as don't want to have to find temporary accommodation?

Generally one should not provide notice for your tenancy unless you have exchanged. Assuming that you have not previously done so, contact to your solicitor and request that they apply pressure on the sellers side, try to get a realistic time scale from them that everyone will look to achieve

My wife and I are close to exchanging contracts on the sale of our house in Wokingham and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. Any local conveyancer would know this is not the case. It does beg the question why the buyers used a web based conveyancing outfit rather than a conveyancing solicitor in Wokingham. We have lived in Wokingham for many years we know of no issue. Is it a good idea to contact our local Authority to get clarification that the buyers are looking for.

It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)

Me and my brother have a semi-detached Victorian property in Wokingham. Conveyancing solicitor represented me and Norwich and Peterborough Building Society. I did a free Land Registry search last week and I saw two entries: the first freehold, another for leasehold with the exact same address. I thought I was buying a freehold how can I check?

You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Wokingham and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the position with your conveyancing lawyer who conducted the conveyancing.

I am buying a new build house in Wokingham with a mortgage from Bank of Ireland. The developers would not reduce the price so I negotiated five thousand pounds worth of additionals instead. The sale representative suggested that I not to tell my solicitor about the extras as it would jeopardize my mortgage with the lender. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I opted to have a survey carried out on a property in Wokingham ahead of instructing solicitors. I have been advised that there is a flying freehold element to the house. The surveyor has said that some lenders may refuse to give a mortgage on this type of premises.

It varies from the lender to lender. Bank of Scotland has different requirements from Birmingham Midshires. Should you wish to call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Wokingham. Conveyancing will be smoother if you use a solicitor in Wokingham especially if they are familiar with such properties in Wokingham.

Last updated

Find out more about how flying freehold can affect your the value of a property.